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Featured Property

Santa Anita park-like Hills District for sale - Guardian

38 Calabash Road Arcadia for sale by Joel Green and Ben Chetcuti of Guardian Realty Dural offers elegant living with impressive facilities.

Queensland (Qld)Brisbane

Featured Property

Peaceville 5.41-acre Chandler lifestyle estate for sale - Sotheby’s

101 Geldart Road Chandler for sale by Tyson Clarke of Queensland Sotheby's International Realty delivers blissful tranquillity close to Brisbane CBD.

National

The Economy

First home buyers drive demand for residential property nationally - CBRE

CBRE’s Residential Valuer Insights Q3 2024 surveyed CBRE’s residential valuers around Australia to provide expert insights on local and national trends.

National New South Wales (NSW)Sydney

The Economy

1 in 3 first home buyers assisted by the Australian Government’s Home Guarantee Scheme

Housing Australia released its annual Home Guarantee Scheme Trends and Insights Report 2023-24 covering data on the First Home Guarantee (FHBG), Family Home Guarantee (FHG) and Regional First Home Buyer Guarantee (RFHBG).

Victoria (Vic.)Melbourne Brighton Collingwood Fitzroy

Politics

REIV reinforces commitment to strengthening Owners Corporation Management

The Real Estate Institute of Victoria (REIV) has written to its 5,000 members, reinforcing its commitment to an ethical and transparent sector and the provision of training and tools to ensure a well-qualified and supported group of real estate professionals.

South Australia (SA)

People

Gwen Levesque expands business with third office in Salisbury - Raine & Horne

Raine & Horne announces that Ms Gwen Levesque, one of South Australia’s rising real estate stars, has taken charge of her third office, Raine & Horne Salisbury.

National

The Economy

Almost 30% of suburbs have seen values fall over the quarter - CoreLogic

In CoreLogic's Housing Chart Pack, the September ‘Chart of the Month' takes a granular look at value falls over the three months to August, with almost 30% of the 3,655 suburbs analysed across Australia in decline, says CoreLogic Economist Kaytlin Ezzy.

National

The Economy

Housing affordability crisis persists despite Government assistance - REIA

REIA President Leanne Pilkington stated that while the Home Guarantee Scheme (HGS) has been beneficial for first home buyers, the lack of housing stock remains Australia's key issue.

Queensland (Qld)

People

Local real estate superstar, Celina Solis, launches Solace Real Estate with the help of Plum Partners

Celina Solis has launched her own real estate agency, Solace Real Estate, with the strategic backing of Plum Partners.

National

The Economy

Preliminary clearance rate holds up amid rising auction volumes - CoreLogic

By Caitlin Fono, Research Analyst, CoreLogic Australia.

Pages

News Roundup

https://www.commo.com.au/news/2020/08/13/uptick-demand-fitted-out-office-space-sydney-jll/1597297936

Uptick in demand for fitted out office space in Sydney - JLL

As companies look to consider ways to reduce their leasing lead times and cash expenditures in the current environment, JLL is observing an uptick in demand for office space that is already fitted out.

Commo.

https://www.thehotelconversation.com.au/news/2020/08/14/frasers-property-prime-waterfront-retail-space-sold-tavern-operators-balmoral

Frasers Property prime Waterfront retail space sold to Tavern operators Balmoral Hospitality

Balmoral Hospitality to operate The Waterfront dining precinct Shell Cove Shellharbour. Leading Tavern operators Andrew Denmeade and Joel Fisher ups commitment to world class tourist destination developed by Frasers Property Australia.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2020/08/14/potential-changes-indonesian-foregin-ownership-laws-could-provide-enormous

Potential changes to Indonesian foregin ownership laws could provide 'enormous opportunity' for investors: Invest Islands

Invest Islands co-founders Jack Brown and Kevin Deisser believe it could be time to loosen the clauses of foreign ownership in Indonesia.

The Business Conversation

https://www.thehotelconversation.com.au/news/2020/08/13/regional-travel-boon-kickstart-australia%E2%80%99s-economy-cbre-report/1597259144

Regional travel boon to kickstart Australia’s economy - CBRE report

Regional operators are benefiting from the absence of international holidaying, with a significant proportion of the 181 million domestic outbound visitor nights recorded in 2019 being diverted towards local options, according to new data from CBRE.

The Hotel Conversation

https://www.theaseandeveloper.com/2020/08/13/dexus-and-frasers-unveil-25-billion-sydney-tech-central-towers/1597302260

Dexus and Frasers unveil $2.5 billion Sydney Tech Central towers

The design of a new $2.5 billion development by Dexus-Frasers has been unveiled at Sydney's Central Place as part of the new Tech Central precinct.

The ASEAN Developer

https://www.theindustrialist.com.au/news/2020/08/10/ozito-industries-takes-first-tenancy-frasers-property-industrial%E2%80%99s-dandenong-south

Ozito Industries takes the first tenancy in Frasers Property Industrial’s Dandenong South development

Frasers Property Industrial has secured power tools and garden products company Ozito Industries Pty Ltd (Ozito) as the company’s first tenant in the Rubix Connect industrial estate in a deal negotiated by CBRE Senior Directors David Aiello and Stephen Adgemis.

The Industrialist

https://www.commo.com.au/news/2020/08/12/retailers-locking-down-space-melbourne-cbd-ahead-eventual-rebound-cushman-wakefield

Retailers locking down space in Melbourne CBD ahead of eventual rebound - Cushman & Wakefield

Amid the tightest social restrictions for Victorians to date, a number of retailers are committing to new leases in the Melbourne CBD to position themselves for the eventual rebound in consumer spending and trading conditions, according to Cushman & Wakefield’s Head of Retail Leasing Victoria, Michael DiCarlo, and National Research Director Tony Crabb.

Commo.

https://www.retalkasia.com/news/2020/08/10/juwai-iqi-adds-new-member-senior-team/1597041991

Juwai IQI adds new member to senior team

Juwai IQI has appointed Leon Kong as General Manager for Online Advertising Solutions.

Retalk Asia